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Crypto market sees recovery after $150B wipeout: what's next for Bitcoin and altcoins?

Crypto prices on Jan 13: BTC below $95K, ETH, XRP slip over 1%

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Written on Jan 13, 2025
Reading time 4 minutes
  • Global crypto market cap stands at $3.29 trillion.
  • The total crypto market volume over the last 24 hours has risen by 12.84%, reaching $80.83 billion.
  • Bitcoin (BTC) was trading 0.22% higher at $94,800.99.

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The cryptocurrency market remained range-bound on Monday, with Bitcoin trading within a range of $93K to $96K.

Concerns about market conditions are growing due to factors such as FTX liquidations and speculations surrounding a potential US government sell-off of Silk Road-related Bitcoin holdings.

The release of stronger-than-expected US jobs data added to the somber sentiments.

These events have added to investor unease, contributing to a 0.80% drop in the global crypto market, which now stands at a total market cap of approximately $3.29 trillion.

The total crypto market volume over the last 24 hours has risen by 12.84%, reaching $80.83 billion. Within this, the volume in decentralized finance (DeFi) stands at $6.19 billion, accounting for 7.66% of the total crypto market volume.

Stablecoins had a volume of $73.79 billion, representing 91.29% of the total market volume.

Bitcoin (BTC) price today

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Bitcoin (BTC) was trading 0.26% higher at $94,800.99 with a 24-hour low of $93,712 and a high of $95,837.

Its market cap slipped below $2 trillion, now at approximately $1.86 trillion.

Trading volume for the coin surged up close to 50% at $26.85 billion.

Bitcoin’s dominance also increased to 56.93%, reflecting a 0.43% rise over the day.

Ethereum (ETH) price today

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Ethereum (ETH) was priced at $3,249, reflecting a 1.02% decline in the last 24 hours.

Its low and high were recorded at $3,224 and $3,335, respectively.

Trading volumes were up 33% at $$14.96 billion.

Ethereum saw $7.7 million in liquidations, with a majority of $6.6 million coming from short positions, showcasing increased volatility.

XRP and SOL price today:

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XRP was trading at $2.53, a slight decline of 0.88%.

The low and high during the past 24 hours were $2.47 and $2.56, respectively.

Solana (SOL) was priced at $186.30, with a range of $184 to $191 during the past 24 hours.

Top crypto gainers on Monday

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In the broader crypto market, Hyperliquid (HYPE) saw a 4.6% increase, reaching $21.33, while KuCoin Token (KCS) rose by 3.95%, trading at $11.29.

Raydium (RAY) gained 1.71%, climbing to $4.59, and Monero (XMR) experienced a 0.67% uptick, priced at $198.24.

Top crypto losers on Monday

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On the other hand, Virtual Protocols (VIRTUAL) dropped by 10.85%, falling to $2.62.

SPX6900 (SPX) slumped over 8%, reaching $0.997. Ondo (ONDO) fell by 7%, priced at $1.17.

Broader crypto price action

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Polkadot (DOT) is currently trading at $6.52, down 3.73% in the last 24 hours.

Pepe (PEPE) has seen a 3.20% decline in the past day, with its current price at $0.00001732.

OKB (OKB) is valued at $47.34, experiencing a 0.91% drop over the last 24 hours.

Optimism (OP) is currently priced at $1.74, having decreased by 3.36% in the last 24 hours.

Quant (QNT) is valued at $103.02, with a 5.17% drop in the last 24 hours.

Pyth Network (PYTH) is currently trading at $0.3189, down 3.43% in the last 24 hours.

Polygon (MATIC) is currently priced at $0.4428, having increased by 4.11% in the last 24 hours.

PancakeSwap (CAKE) is valued at $2.25, with a 3.09% decline in the last 24 hours.

Pendle (PENDLE) is currently trading at $3.84, up 1.36% in the last 24 hours.

PAX Gold (PAXG) is currently priced at $2,688.74, down 0.07% in the last 24 hours.

Qtum (QTUM) is valued at $3.17, up 0.35% in the last 24 hours.

Osmosis (OSMO) is currently priced at $0.4448, up 0.63% in the last 24 hours.

Ravencoin (RVN) is trading at $0.01902, up 0.63% in the last 24 hours.

Ontology (ONT) is valued at $0.2852, down 0.02% in the last 24 hours.

Powerledger (POWR) is currently priced at $0.2843, up 0.27% in the last 24 hours.

Pundi X (New) (PUNDIX) is trading at $0.5081, down 0.15% in the last 24 hours.

Orbs (ORBS) is valued at $0.02881, up 0.31% in the last 24 hours.

Orchid (OXT) is currently priced at $0.1068, up 1.32% in the last 24 hours.

QuarkChain (QKC) has seen a 14.67% decline in the past day, with its current price at $0.0107.

Origin Protocol (OGN) is valued at $0.1035, experiencing a 3.99% drop over the last 24 hours.

Peercoin (PPC) is trading at $0.4207, up 1.39% in the last 24 hours.

Standard (STND) is currently priced at $0.01194, showing a 5.68% decline over the past day.

PotCoin (POT) is currently trading at $0.003846, down 9.61% in the last 24 hours.

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